It was established with leftover funds of a discontinued fan club. The Fund was Sue Ann Barber's idea, and she has continued to help administer it. Grant Watson was also involved in establishing NAFF. Dave Cake was responsible for the name.

There seems to have been no NAFF race in 2018, which (if so) can perhaps be excused due to GUFF having announced that it would that year be targetting Continuum rather than the Australian Natcon.